Applications and Tools (Apps & Tools)
Digital and technology solutions
programmes, in software or app formats, used in the application of skills to perform job
tasks.
Artificial Intelligence (AI)
A branch of computer science
focused on creating systems that can perform tasks typically requiring human
intelligence. These tasks include learning, problem-solving, pattern recognition,
decision-making, and language processing. AI systems use algorithms and data to simulate
cognitive functions, enabling machines to adapt to new inputs and perform human-like
tasks.
AI-related Apps & Tools
Apps & Tools that contribute to
the creation, development, or deployment of AI, leverages AI capabilities, or associated
with AI in general.
Care Economy
An economy that is based on a
professional cluster of jobs and skills that provides care and support services involved
in the nurturing and teaching of current and future populations.
Change of Job Demand
Change in number of job postings
demanded over four years, from 2020 to 2023.
Compound Annual Growth Rate (CAGR)
The average annual growth rate
over a specified period of time longer than one year. It represents one of the more
accurate ways to calculate anything that can rise or fall in value over time.
Critical Core Skills
A unique set of 16 core skills
identified by Singapore employers as the most critical to thrive in the future economy.
Demand of Apps & Tools in a Work
Function
The demand of Apps & Tools used
by a work function over the total demand of all Apps & Tools extracted from job postings
in a year.
Demand of a Skill
The yearly demand of a given
priority skill refers to that skill's demand, relative to the aggregate demand of all
the skills for its respective economy, based on job postings data in a year.
Demand of a Skill Cluster
The six skill clusters are:
Business and Financial Management, Critical Core Skills, Engineering and Manufacturing,
Information Technology and Data Management, Operational Excellence, and Organisational
and People Management. The demand of a skill cluster is the demand of skills within a
given cluster relative to the total count of skills in all six skill clusters based on
job postings in a year.
Digital Economy
An economy that is based on
digital computing technologies, based on interconnecting people, organisations and
machines through the Internet, mobile technology and the Internet-of-Things (IoT).
Green Economy
An economy that strives to
achieve environmental, economic and social outcomes to take care of the environment and
use limited resources as efficiently and sustainably as possible.
Growth of a Job Role
Defined as the increase in
absolute number of job postings for a particular job role over time.
Historical Transition
These are actual transitions
from one job role to another.
Job Demand
The demand of a job role
expressed in terms of the number of job postings of a given job role in year, relative
to the total number of job postings in the same year.
Priority Skills
Priority skills are a basket of
skills that are deemed as currently in-demand, seeing positive growth or demanded by
more than one unique job role. These skills have been validated by industry expert,
academia and sector agencies.
Skill Cluster
A group of skills that is
associated with broad business functions and the critical core skills. These skill
clusters reflect the skill requirements needed across job roles in the Singapore
economy.
Skills Similarity
Ratio of skills in common to all
skills required by two comparing occupations.
Transferability of a Skill
Transferability of a given
priority skill refers to the number of unique job roles that require the skill in a
given year from job posting data.
Unique Job Roles
Unique job roles are job roles
at Singapore Standard Occupation Classification (SSOC) level five that have distinct
tasks, skills and functions.